EX-11 2 doc2.txt
EXHIBIT 11 ---------- TEXAS INSTRUMENTS INCORPORATED AND SUBSIDIARIES EARNINGS (LOSS) PER COMMON AND DILUTIVE POTENTIAL COMMON SHARE For Three Months Ended For Six Months Ended ---------------------- --------------------- June 30 June 30 June 30 June 30 2001 2000 2001 2000 --------- --------- --------- --------- Income (loss) before cumulative effect of an accounting change..... $ (197) $ 1,296 $ 33 $ 1,746 Add: Interest, net of tax effect, on convertible debentures assumed converted.............................. -- 2 -- 2 --------- --------- --------- --------- Adjusted income (loss) before cumulative effect of an accounting change.......................................... (197) 1,298 33 1,748 Cumulative effect of an accounting change.......................... -- -- -- (29) --------- --------- --------- --------- Adjusted net income (loss) in millions............................. $ (197) $ 1,298 $ 33 $ 1,719 ========= ========= ========= ========= Diluted earnings (loss) per common and dilutive potential common share: Weighted average common shares outstanding (in thousands).......... 1,735,623 1,712,756 1,735,086 1,708,716 Weighted average dilutive potential common shares: Stock option and compensation plans............................ -- 75,507 50,390 76,439 Convertible debentures............................................ -- 5,625 -- 3,925 --------- --------- --------- --------- Weighted average common and dilutive potential common shares....... 1,735,623 1,793,888 1,785,476 1,789,080 ========= ========= ========= ========= Diluted earnings (loss) per common share: Income (loss) before cumulative effect of an accounting change... $ (0.11) $ 0.72 $ 0.02 $ 0.98 Cumulative effect of an accounting change........................ -- -- -- (0.02) --------- --------- --------- --------- Net income (loss).................................................. $ (0.11) $ 0.72 $ 0.02 $ 0.96 ========= ========= ========= ========= Basic earnings (loss) per common share: Weighted average common shares outstanding (in thousands).......... 1,735,623 1,712,756 1,735,086 1,708,716 ========= ========= ========= ========= Basic earnings (loss) per common share: Income (loss) before cumulative effect of an accounting change... $ (0.11) $ 0.76 $ 0.02 $ 1.02 Cumulative effect of an accounting change........................ -- -- -- (0.02) --------- --------- --------- --------- Net income (loss).................................................. $ (0.11) $ 0.76 $ 0.02 $ 1.00 ========= ========= ========= =========